Industry Briefs Dec. 10, 2021: Beeline Completes Series A Funding

Beeline, Providence, R.I., a digital start-up mortgage lender, completed a Series A round of financing for an undisclosed amount. The capital will be invested in automation and artificial intelligence to improve the user experience for borrowers.

October Mortgage Credit Inches Up

Mortgage credit availability increased for the fourth straight month in October, albeit ever so slightly, the Mortgage Bankers Association reported Tuesday.

Industry Briefs Nov. 5, 2021: Pretium Acquires Anchor Loans

Pretium, New York, a specialized investment management firm with $30 billion in assets, acquired Anchor Loans LP, a provider of financing to residential real estate investors and entrepreneurs

Industry Briefs Oct. 20, 2021: SimpleNexus Acquires LBA Ware

SimpleNexus, Lehi, Utah, announced its acquisition of software firm LBA Ware, Macon, Ga. The transaction, SimpleNexus’ first, brings together 325 employees in 29 states to serve 425 distinct lender customers and dozens of mortgage technology integration partners.